Toyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY) Short Interest Down 97.8% in April
by Teresa Graham · The Cerbat GemToyo Suisan Kaisha, Ltd. (OTCMKTS:TSUKY – Get Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 981 shares, a decrease of 97.8% from the April 15th total of 45,617 shares. Based on an average daily trading volume, of 8,650 shares, the short-interest ratio is currently 0.1 days.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein raised shares of Toyo Suisan Kaisha to a “market perform” rating in a research note on Friday, January 30th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Toyo Suisan Kaisha has an average rating of “Hold”.
Check Out Our Latest Report on TSUKY
Toyo Suisan Kaisha Price Performance
Shares of OTCMKTS TSUKY traded down $0.30 on Monday, reaching $68.79. 5,097 shares of the company’s stock traded hands, compared to its average volume of 9,562. Toyo Suisan Kaisha has a 12 month low of $58.14 and a 12 month high of $86.90. The business’s 50 day simple moving average is $70.08 and its two-hundred day simple moving average is $70.12.
Toyo Suisan Kaisha Company Profile
Toyo Suisan Kaisha, Ltd. is a Japanese integrated food manufacturer established in 1953 and headquartered in Tokyo. The company is publicly traded on the Tokyo Stock Exchange and its shares are available in the United States through the OTCMKTS as TSUKY. Over more than six decades, Toyo Suisan has built a reputation for quality and innovation in the packaged foods industry.
At the core of Toyo Suisan’s operations is the production of instant noodles under the Maruchan and Toyo Suisan brands, offering a wide variety of flavors and formats including cup noodles, pouch-style noodles and bowl-type ramen.